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Ocean
499 Amherst Drive
$262,000
● House - Off Market

499 Amherst Drive

Brick, NJ 08723
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,841 Ft²
$436,402
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Ask your Agent about Seller paying or assistance with closing costs. THIS GEM WILL NOT LAST AT THIS PRICE!! Bring this exceptional family home in North Lake Riviera back to it's original beauty with a little TLC & personal touches. You won't find a home with potential like this for the price any time soon!!! Large entertaining rooms throughout. 4 spacious bedrooms with plenty of closet space. Features include a family room with sliders leading to spacious rear yard & built in pool. Don't miss the 2 car garage. One of Lake Riviera's most desirable homes is a great commuters delight. Priced to sell quickly, so call your agent & don't wait!!(NO APPOINTMENT NEEDED FOR AGENTS WITH BUYERS. SHOWING INSTRUCTIONS FOR AGENTS ARE IN MLS)
Unit Size
2,841 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$91
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1970

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MOMLS #21639575)

Price History

Date / Event Date Event Price
Jan 13, 2017 Sold
Premium
Sold
Oct 12, 2016 Listed by EXIT Realty East Coast Shirvanian $259,900
Listed by EXIT Realty East Coast Shirvanian

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,354
  • Total Building Area: 2,841
  • Building Area: 2,841
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,841
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 34.4
  • Account Number: 00310297
  • District: 07
  • Parcel: 07 00446- 03-00012
  • Block: 446.03
  • Lot: 12
  • Municipality: BRICK TWP
  • Latitude: 40.0512
  • Longitude: -74.1437

    Address

  • Full Address: 499 Amherst Dr
  • Address - House Number: 499
  • Address - Street Name: Amherst
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C076
  • 4-Digit Zip Code: 5001
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $830,846

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 592,499
  • High Value: 706,754
  • Low Value: 478,244

    Market Valuation

  • Market Total Value: $342,900
  • Market Land Value: $124,200
  • Market Improvement Value: $218,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,900
  • Assessed Land Value: $124,200
  • Assessed Improvements Value: $218,700

    Sales

  • Current Sale Contract Date: Dec 08, 2016
  • Current Sale Recording Date: Jan 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2017009471
  • Previous Sale Recording Date: Aug 12, 2016
  • Previous Sale Contract Date: Oct 06, 2015
  • Previous Sale Amount: $301,000
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3056 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 104 Celebration Boulevard, Brick, NJ, 08723

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,920 ft²
104 Celebration Boulevard #104, Brick, NJ, 08723 Listing by Niraj Parikh

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kim D Graham, EXIT Realty East Coast Shirvanian
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21639575
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 499 Amherst Drive built and last sold?
The property at 499 Amherst Drive was built in 1970 and last sold on Dec 8, 2016 for $262,000.
How much is this home worth?
The estimated value of the home located at 499 Amherst Drive is $298,725.
What are some comparable homes to 499 Amherst Drive?
There are currently no comparable homes to 499 Amherst Drive.
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